Replies to post #3145 on Integral Technologies Inc. (fka ITKG)

[qlt]

So here is the #1 issue that I see as I sit here today that I simply cannot reconcile w/ Integral. According to Integral's own press releases, since some time (let's be kind here) in 05, or certainly in 06 and 07 they have had various companies under NDA's testing Electriplast applications. At a minimum, since the beginning of 2006 and beyond, companies like Heatron, Esprit, Jasper, Knowles and others have been utilizing this material. The major flaw, as I see it, w/ the 11/20/07 release about the long arduous sales cycle is that it implies that only at that time forward could that cycle proceed. In truth, w/ or w/o a supplier on board Integral was able to provide Electriplast in some quantity for numerous companies to play with and test for several years now (who cares if to do so they had to “rent time in a lab” -- bottom line is they got Electriplast in peoples’ hands to test). This process did not start at the end of 07 when Jasper was up to capacity to produce 50,000 pounds per month.

I cannot reconcile this point. All of those companies had at least two years (and if we are to believe Integral, some much longer) to test Electriplast to see if it was worth adopting in some way. THEN, once Jasper came on board to manufacture and once we hit the end of 07 when they became, according to them, fully up to manufacturing capacity, there should have been a flood of orders right out of the gate to all of the companies who knew the material but were only waiting for a manufacturer so that Integral could fill their orders. Integral has had years to work w/ companies to help them utilize the material. If 3 years + has not been enough time what makes anyone think that a 4th year in 08 will result in a single substantive sales order? If people seem ungrateful when ITKG provides press release updates (when they seemingly clamor for them when they are not coming out) it is because what they really want and are expecting w/ each release is that it will involve a large sales order. Really, how many times can we be told how revolutionary and great a product is when nobody is buying it? That 11/20 release, at least to me, implies that the prior several years somehow in a vacuum don’t exist.

People talked about the 1Q of this year. Now halfway through, does anyone really honestly believe that a major sale (heck, any sale) will be announced? Doubt it.